Official employment data from October show fewer registered jobless seeking employment compared with January last year, with fewer than 246,000 registered, according to a ministry of innovation and technology official.
Differences over the compensation businesses should get for a big minimum wage rise moved closer to resolution at talks between employers, unions and the government on Wednesday, while the government offered to cut the rate on the small business tax (KIVA) from 11% to 11%, the Innovation and Technology Ministry said.
With the decline in plastics, the use of paper in all categories, including cellulose, has increased significantly. Expectedly, the price of hygienic paper products will rise.
Following the change in fuel prices announced for Wednesday (27th October), the average price of 95 petrol can reach 500 HuF – holtankoljak.hu reported.
Hungary’s cash-flow budget deficit, excluding local councils, was 2,292 billion forints (EUR 6.3bn) at the end of September, the finance ministry confirmed in a detailed reading of data on Friday.
The government has allocated some 210 billion forints (EUR 580m) in development support to 1,700 Hungarian companies, Finance Minister Mihály Varga said on Facebook.
Hungary’s government opposes a tax Brussels wants to impose on home and car owners on the grounds of fighting climate change and is committed to protecting the achievements of its scheme to reduce household utility bills, the prime minister’s chief of staff said on Thursday.
The Hungarian economy is expected to grow at the third fastest rate in the European Union this year, the International Monetary Fund (IMF) confirmed in its revised regional growth forecast.
Economist János Kornai, holder of the Széchenyi Prize and the French Legion of Honour, member of the Hungarian Academy of Sciences, professor emeritus at Harvard and Budapest’s Corvinus universities, died at age 94, his family told MTI late on Monday.
Hungarian rate-setters raised the central bank’s base rate by 15 basis points to 1.80% at a scheduled meeting on Tuesday. The rate-setters continued a tightening cycle started in June, albeit at a slower pace than in the summer months when rates rose 30 basis points each month. Policymakers had signalled in September that the 15 […]